FHA Flashcards
1
Q
FHA Min. FICO with AUS approve/accept feedback
A
620
2
Q
FHA Min FICO for manually underwritten transaction
A
660
3
Q
FHA At least ___ borrower must have ____ valid FICO scores
A
1 / 2
4
Q
FHA a borrower with NO FICO is allowed with ____________.
A
AUS Approve/Eligible subject to additional requirements.
5
Q
FHA Energy Efficient Program is/is not permitted?
A
Is. Cannot also be cash out.
6
Q
FHA Energy Efficient Program & Cash Out permitted on same loan?
A
NO
7
Q
FHA Manual Underwrites Permitted, Y/N?
A
Yes. Eligibility requirements per FHA guidelines
8
Q
FHA HPML Permitted?
A
Yes, under certain cicumstances.
